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Technology Stocks : Autobytel (ABTL) - Buy Autos online -- Ignore unavailable to you. Want to Upgrade?


To: Bill Ounce who wrote (293)5/26/1999 10:26:00 AM
From: Bill Ounce  Read Replies (1) | Respond to of 594
 
marketplace radio show -- "bear market in Internet stocks"

On the drive home yesterday, I heard the 4-letter b word applied to Internet stocks. Some of them are more than 30% down and the day traders have been sitting on the sidelines waiting for the right time to jump back in.



To: Bill Ounce who wrote (293)5/26/1999 10:34:00 AM
From: Bill Ounce  Read Replies (2) | Respond to of 594
 
economist.com car retailing break down

economist.com

[...]

In America last year about 30% of car purchases were made with some use of the Internet

[...]

Recent surveys in America have shown that few car buyers actually want to close a deal over the Internet. But the growth of web-using intermediaries such as Autobytel could soon winnow out surplus dealers. America has already seen a big fall in the number of dealerships ... The traditional shady car dealer could soon be history